Richly Field China Development Limited — Earnings Release 2001

Jul 18, 2001

Listed Company Information

UNITED PACIFIC<0176> - Results Announcement (Summary) United Pacific Industries Limited announced on 18/7/2001: (stock code: 176) Year end date: 31/3/2001 Currency: HK$ (Audited) (Audited) Last Current Corresponding Period Period from 1/4/2000 from 1/4/1999 to 31/3/2001 to 31/3/2000 Turnover : 654,036,586 872,673,458 Profit/(Loss) from Operations : 94,703,982 27,468,423 Finance cost : (642,237) (11,446,531) Share of Profit/(Loss) of Associates : (138,918) 600,304 Share of results of a subsidiary not consolidated : NIL (148,062) Profit/(Loss) after Tax & MI : 88,345,715 (39,588,010) % Change over Last Period : N/A EPS/(LPS)-Basic : 15.8 cents (7.1 cents) -Diluted : N/A N/A Extraordinary (ETD) Gain/(Loss) : NIL NIL Profit/(Loss) after ETD Items : 88,345,715 (39,588,010) Final Dividend per Share : 5 cents NIL (Specify if with other options) : N/A N/A B/C Dates for Final Dividend : 23/8/2001 to 28/8/2001 bdi. Payable Date : on or before 30/9/2001 B/C Dates for Annual General Meeting : 23/8/2001 to 28/8/2001 bdi. Other Distribution for Current Period : N/A B/C Dates for Other Distribution : N/A Remarks: 1. Audited Audited Apr 1, 2000 to Apr 1, 1999 to Mar 31, 2001 Mar 31, 2000 HK$ HK$ Turnover - Continuing operations 654,036,586 660,148,484 - Discontinued operations - 212,524,974 --------------------------- 654,036,586 872,673,458 --------------------------- 2. Audited Audited Apr 1, 2000 to Apr 1, 1999 to Mar 31, 2001 Mar 31, 2000 HK$ HK$ Profit/(Loss) from operations - Continuing operations 94,703,982 99,197,451 - Discontinued operations - (71,729,028) --------------------------- 94,703,982 27,468,423 --------------------------- 3. Earnings per share The calculation of earnings (loss) per share is based on the net profit for the year of HK$88,345,715 (2000: loss of HK$39,588,010) and the weighted average of 557,923,058 (2000: 558,058,400) shares in issue during the year. No diluted earnings (loss) per share has been calculated as the exercise price of the Company's outstanding share options was higher than the average market price of the Company's shares for both years.